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Here's Why You Should Retain Jones Lang Stock in Your Portfolio Now
ZACKS· 2024-09-18 03:20
Jones Lang LaSalle Incorporated (JLL) , popularly known as JLL, is expected to benefit from the continued strength of its resilient lines of business and favorable outsourcing trends. However, persistent macroeconomic uncertainty remains a concern.What’s Aiding JLL?JLL has a broad range of real estate products and services as well as an extensive knowledge of domestic and international real estate markets, thus enabling it to operate as a single-source provider of real estate solutions. Its superior client ...
Business leaders look to increase real estate investment but expect smarter use of portfolio
Prnewswire· 2024-09-10 00:57
JLL's Future of Work Survey uncovers new opportunities for corporate real estate as two-thirds of business leaders expect their CRE budget to increase between now and 2030CHICAGO, Sept. 9, 2024 /PRNewswire/ -- Despite the challenging commercial real estate landscape and mixed economic environment, global business leaders are bullish on the future, with two-thirds (65%) expecting their CRE budgets to increase between now and 2030, as revealed in JLL's (NYSE: JLL) Future of Work survey. The biennial, global s ...
Jones Lang LaSalle (JLL) Up 8.5% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-09-06 00:36
A month has gone by since the last earnings report for Jones Lang LaSalle (JLL) . Shares have added about 8.5% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Jones Lang LaSalle due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Jones Lang's Q2 Earnings & Revenues Be ...
JLL Income Property Trust Fully Subscribes $120 Million Diversified DST
Prnewswire· 2024-09-05 00:00
CHICAGO, Sept. 4, 2024 /PRNewswire/ -- JLL Income Property Trust, an institutionally-managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.6 billion in portfolio equity and debt investments, announced today that it has fully subscribed JLLX Diversified IV, DST. The $120 million program was structured as a Delaware Statutory Trust designed to provide 1031 exchange investors the opportunity to reinvest proceeds from the sale of appreciated real estate while also deferring taxes ...
Highly transparent real estate markets make strong progress, outpacing peers
Prnewswire· 2024-08-27 20:52
Transparency improved globally in 2024, with Asia rising as a standout as markets make progress toward sustainability goals and AI adoptionCHICAGO, Aug. 27, 2024 /PRNewswire/ -- Real estate transparency is more critical than ever in times of uncertainty, and markets emerging as the most transparent are pulling further ahead based on investments in technology integration and AI, data availability and sustainability. This is according to JLL and LaSalle's (NYSE: JLL) biennial, proprietary Global Real Estate T ...
$620M financing secured for Hyatt Regency Orlando
Prnewswire· 2024-08-20 00:54
JLL Hotels & Hospitality group arranged acquisition financing for the 1,641-key convention center resort near Orlando's top tourist attractionsORLANDO, Aug. 19, 2024 /PRNewswire/ -- JLL Hotels & Hospitality group announced today that it secured $620 million in acquisition financing for Hyatt Regency Orlando, a 1,641-key, AAA Four Diamond resort in Orlando, Florida.JLL represented affiliates of RIDA Development Corporation and an Ares Management Real Estate fund to secure the floating-rate, five-year loan th ...
Here's Why You Should Retain Jones Lang (JLL) Stock Now
ZACKS· 2024-08-15 23:06
Jones Lang LaSalle Incorporated (JLL) , popularly known as JLL, is likely to benefit from the continued strength of its resilient lines of business and favorable outsourcing trends. However, persistent macroeconomic uncertainty and a high interest rate environment remain concerns.What’s Aiding It?JLL is poised to benefit from its wide range of real estate products and services offerings, as well as extensive knowledge of domestic and international real estate markets, thus enabling it to operate as a single ...
JLL Spark Invests in Munich-Based PropTech Innovator PROBIS
Prnewswire· 2024-08-13 19:00
Strategic Investment to Accelerate PROBIS' AI-Powered Financial Management Solutions for Real Estate Development and Support Global ExpansionCHICAGO, Aug. 13, 2024 /PRNewswire/ -- JLL today announced that its corporate venture capital arm, JLL Spark Global Ventures, has led the Series A investment round in PROBIS, a company specializing in financial management for real estate development through AI and benchmark technology.PROBIS aims to advance the real estate industry by replacing outdated financial manag ...
JLL Income Property Trust Declares 51st Consecutive Quarterly Dividend
Prnewswire· 2024-08-08 01:00
CHICAGO , Aug. 7, 2024 /PRNewswire/ -- JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ:ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.6 billion in portfolio equity and debt investment assets, announced that on August 6, 2024, its Board of Directors declared a dividend for the third quarter of 2024 of $0.1575 per share. This will be the 51st consecutive dividend paid to its stockholders.The dividend is payable on or around September 26, 2024 to stockholders of record as of ...
Jones Lang's (JLL) Q2 Earnings & Revenues Beat Estimates
ZACKS· 2024-08-08 00:25
Shares of Jones Lang LaSalle Incorporated (JLL) — popularly known as JLL — were up nearly 0.9% during the Aug 6 regular trading session on the NYSE following the announcement of a better-than-expected performance by the company in the second quarter. JLL reported second-quarter 2024 adjusted earnings per share (EPS) of $2.55, which beat the Zacks Consensus Estimate of $2.30. The reported figure increased from the prior-year quarter’s number of $2.12. Results reflect better-than-anticipated revenues. The com ...